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Stock impact report

North American Construction Group Ltd. Announces Results For the Fourth Quarter and Year Ending December 31, 2018

North American Construction Group Ltd. Common Shares (no par) (NOA) 
Last north american construction group ltd. common shares (no par) earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
ACHESON, Alberta, Feb. 25, 2019 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced results for the fourth quarter and year ending December 31, 2018. Martin Ferron, Chairman and Chief Executive Officer of the Company stated, “We are very pleased to post a strong end to another memorable year, in which we handily exceeded our operational and financial objectives. For the full year we grew revenue and EBITDA by 40% and 61% respectively, to follow on from 37% and 18% growth in 2017, against targets of 15% in each year for both measures. We also closed the two previously announced acquisitions during the quarter and moved into our new combined heavy equipment maintenance facility and central office, in Edmonton, ahead of schedule and on budget.” Additionally, Mr. Ferron commented, “Looking ahead we expect the two acquisitions to firmly bolster our organic growth plan to yield further strong growth in 2019 and beyond. Show less Read more
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